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Would like to know grade & worth of this 1904 Liberty Head Double Eagle $20
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<p>[QUOTE="GDJMSP, post: 1503792, member: 112"]First of all, LostDutchman told you the truth. Secondly, your dealer made you a fair offer. You see, 1904 double eagles are pretty common coins. Even in grades up to and including MS63 they sell for bullion value only.</p><p><br /></p><p>That said, any bullion in whatever form, even if it is just a gold bar sells (retail) for about 10% more than spot price. When individuals, such as you, go to sell a coin like this to a dealer he is going to offer you somewhere around 10% less than spot price. That is pretty much standard industry wide.</p><p><br /></p><p>So don't be skeptical, you got a fair deal. And the reason your dealer just dropped the coin into the tube with the others is because he knows the coin is just bullion, nothing more. He also knows the coin had already been harshly cleaned so there was and is no reason at all to even try to do anything to protect it. So he just added it to the rest that were the same.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1503792, member: 112"]First of all, LostDutchman told you the truth. Secondly, your dealer made you a fair offer. You see, 1904 double eagles are pretty common coins. Even in grades up to and including MS63 they sell for bullion value only. That said, any bullion in whatever form, even if it is just a gold bar sells (retail) for about 10% more than spot price. When individuals, such as you, go to sell a coin like this to a dealer he is going to offer you somewhere around 10% less than spot price. That is pretty much standard industry wide. So don't be skeptical, you got a fair deal. And the reason your dealer just dropped the coin into the tube with the others is because he knows the coin is just bullion, nothing more. He also knows the coin had already been harshly cleaned so there was and is no reason at all to even try to do anything to protect it. So he just added it to the rest that were the same.[/QUOTE]
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What's it Worth
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Would like to know grade & worth of this 1904 Liberty Head Double Eagle $20
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